Comments by "seneca983" (@seneca983) on "Gaza Fighting Standstill, US/UK Quagmire Fears: Israel Short of Time; Zaluzhny Rumours, Rus Advances" video.

@jeffmaxwell7391 Inflation in the Eurozone and the US is lower than that.
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@jeffmaxwell7391 "Our inflation rates DO NOT include Necessities of life because they are deemed too volatile" That's only true for "core inflation" figures. Usually the given inflation figures are headline inflation (i.e. food & energy aren't excluded) unless it's specified that the figures are core inflation. Also, headline inflation in the US is currently lower than core inflation. "How many TVs do you buy in a year??" Different goods and services are weighted according to how much consumers spend on them. If food & energy inflation in Russia is low (I haven't checked) then that means that something else that Russians actually spend money on is rising in price even faster since their inflation rate is higher.
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@jeffmaxwell7391 I google Canadian inflation rates. Apparently, core inflation is 3.2% and headline inflation is 3.8%. So in Canada headline (i.e. inclusive of food & energy) inflation is higher than core inflation. However, it's still lower than the inflation in Russia.
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@jeffmaxwell7391 The inflation statistics are an average for the country. The prices you personally experience are a only a tiny part of it since Canada's population is over 30 million. The figures I mentioned are the rate of inflation for the month of October. I'm assuming the rises you mentioned have mostly happened before that. Also, the inflation statistics are collated by bureaucrats, not politicians like Freeland.
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@jeffmaxwell7391 No, you misunderstand. It's still an annual rate but just measured for a single month (October). It means the Russian inflation in October was at a rate that would mean 6.7% rise in prices in a year if prices were to rise at that average rate over an entire year. It should correspond to about 0.54% rise in prices over that single month. Also, 6% per month would mean about 101% per year, not 72%.
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@jeffmaxwell7391 I mean, originally in this thread I only noted that inflation in the US and the EU is lower than in Russia, not more than that. Russia's inflation isn't (at least yet) sky-high or anything but it is somewhat higher than in the US and the EU. That's all what I said.
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